Banking and Finance Laws

New York Real Estate Law Reporter

Supreme Court Denies Cert in RLUIPA Case

Sets Standard that Potentially Relieves Municipalities from Liability for Denying Religious Uses

The broad and somewhat vague definition of religious exercise in The Religious Land Use and Institutionalized Persons Act (RLUIPA) has invited much litigation over what constitutes a substantial burden and even what constitutes religious exercise.

Read More ›

The Bankruptcy Strategist

Current Issues In Enforcing Judgments Against LLCs

When a creditor obtains a judgment against a debtor, the debtor’s assets are sometimes held in membership interests in an LLC, which presents challenges for the creditor seeking recovery. The Uniform LLC Law provided for a charging order in such instances. Although the precise terms of each state’s LLC laws vary, some version of the charging order procedure is available in all states.

Read More ›